BNP Paribas anticipates a robust Indian equity market in 2026, projecting mid-teen returns for the Nifty 50 and a target of 29,500, primarily fueled by earnings growth. The brokerage favors large-cap stocks and domestic-focused sectors like banking, autos, telecom, and consumer staples, citing supportive policies and consistent domestic investment flows. Seventeen stocks, including Swiggy and Infosys, are highlighted as top buy ideas.